Investor-grade market analytics for Niles, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$259,531
+3.4% year-over-year
6.4%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Niles, MI shows steady growth at 3.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.11x, below the national average of 4.8x. Modest net positive migration (+130 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 6.36% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Niles, MI's primary climate exposure is wind storms (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.